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EARNINGS PER SHARE (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Share Tables

Computations of basic and diluted per share

The computations of basic and diluted per share data were as follows:

		Nine months ended								Three months ended
		September 30, 2014				September 30, 2013				September 30, 2014				September 30, 2013
Net income (loss)		$	6,291,936		$		(573,553	)		$	4,749,437			$	(79,834	)
Weighted average common shares outstanding - basic			125,585,532				100,282,193				125,585,532				100,634,352
Option awards			218,407				-				216,263				-
Weighted average common shares outstanding - dilutive			125,803,939				100,282,193				125,801,795				100,634,352
Net income (loss) per share - basic and diluted			0.05				(0.01	)			0.04				(0.00	)

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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